Cosmos Exploration (EAU) Q3 2025 TU earnings summary

Executive summary

• Advanced synthetic brine testing for lithium extraction in Bolivia, with bulk samples shipped to Germany for further analysis under a technology agreement with YLB.

• Progressed toward industrialisation agreements for large-scale lithium production aligned with Bolivia's national strategy.

• Continued exploration in Nunavut, Canada, targeting high-grade uranium systems with promising early results.

Financial highlights

• Raised $1.25 million via placement, with $1 million received during the quarter and $250,000 from directors pending shareholder approval.

• Cash outflows for the quarter included $40,000 for exploration and $166,000 for administration and corporate costs.

• Cash balance at 31 March 2025 was $811,000.

Outlook and guidance

• Synthetic brine testing nearing completion, with results expected in the coming weeks to inform next steps in Bolivia.

• Ongoing negotiations for industrialisation agreements in Bolivia, aiming for long-term supply and processing frameworks.

• Continued early-stage uranium exploration in Nunavut, with high-priority follow-up targets identified.